Melrose Gardens, Glasgow, G20

Street Guide For Melrose Gardens, Glasgow, G20

 

Melrose Gardens, Glasgow, G20 Map

Estimated Price: £206,621
Average Asking Price: £123,317
Price change in last one year: £17,903
Average Price Paid: £156,711
Average Rent Rates: £592

 

Property Prices Breakdown in Melrose Gardens, Glasgow, G20

Average Price for property in Melrose Gardens, Glasgow, G20 is around £206,621 which varies based on type of property you are interested in and ranges from £196,464 for terraced house to around £207,815 for a flat. Values have been changing and have risen £2,125 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,977 in last 6 months, £17,903 in last 1 year, £26,394 in last 2 years, £18,730 in last 3 years, £17,921 in last 4 years and £16,544 in last 5 years.

Currently average asking price of a property in Melrose Gardens, Glasgow, G20 is around £123,317 based on approximately 2 properties for sale. Same is the case with rental options based on 23 properties up for rent, average asking rent is around £592 per month.

Estimated property value in Melrose Gardens, Glasgow, G20 is £206,621. Average asking price is £123,317 while average price paid is £224,000 which is up by £17,903 and Avg. asking rent £592.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Melrose Gardens, Glasgow, G20 area. In last 1 year alone average price buyer paid is around £224,000 based on approximately 2 sales in Melrose Gardens, Glasgow, G20 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £188,160. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £156,711 for 12 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £162,845 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £123,428, £158,356 for a 3 bedroom house and £207,667 for a 4 bedroom house. For a flat similarly the prices varies from £81,750 for a single bedroom to £104,569 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £143,661 and £224,248 for a 4 bedroom flat. To sum up the asking prices for properties in Melrose Gardens, Glasgow, G20 it comes to around average £81,750 for 1 bedroom property, £107,319 for 2 bedroom, £150,576 for 3 bedroom and £218,721 for 4 bedroom.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £74 for 1 bedroom to £793 for 3 bedroom and £776 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £430. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £654 and £576 for 3 bedroom. You should be generally be expecting around average £341 rent per month for single bedroom property, £654 for 2 bedroom, £684 for 3 bedroom and approximately £776 for 4 bedroom property in Melrose Gardens, Glasgow, G20 area.

Popular Houses in Melrose Gardens, Glasgow, G20

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Melrose Gardens, Glasgow, G20